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RPM Automotive Group Ltd strengthens position in 4WD accessories market with acquisition

RPM Automotive Group Ltd strengthens position in 4WD accessories market with acquisition
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RPM Automotive Group Ltd completes Victoria Wide Tyre Service acquisition

RPM Automotive Group Ltd (ASX:RPM) has completed the acquisition of Victoria Wide Tyre Service with that business now trading as a subsidiary and adding to.

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RPM Automotive Group Ltd enlarges auto aftermarket stable on completing three acquisitions

RPM Automotive Group enlarges auto aftermarket stable on completing three acquisitions The acquisitions are already displaying revenue synergies by applying RPM’s expertise, contracts and sales network thereby providing the scale required to achieve purchasing advantage. RPM owns brands such as RPM Racewear, Carline, Genie, Air Anywhere, Formula Off-Road and RPM Autoparts. RPM Automotive Group Ltd (ASX:RPM) has completed the acquisitions of Citic Autoparts, Elite Tyre Group and Super Tyre mart. The new acquirees are now trading as RPM Automotive Group subsidiaries as of July 1 2021, with funding for the three acquisitions derived from internal cash resources. Adds to RPM’s earnings per share

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